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Stuff Our Taxes Underwrite
The Stiletto Blog ^ | January 266, 2011 | The Stiletto

Posted on 01/27/2011 9:38:06 AM PST by theothercheek

President Barack Hussein Obama ended the State of the Union address with the ritualistic intonation: “the state of our union is strong.” But if the SOTU is to serve its intended Constitutional purpose, after “congratulating the men and women of the 112th Congress, as well as your new Speaker, John Boehner” and “pray[ing] for the health of our colleague - and our friend - Gabby Giffords, Obama should have begun by telling Congress, “It's no secret the state of our union is under significant duress.”

Instead of telling Congress, “Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again,” he should have informed legislators:

The budget deficit is expected to reach $1.5 trillion in 2011, the highest ever. Home prices slipped in 19 of the top 20 metropolitan areas in November of last year, suggesting the real possibility of a double-dip in home prices that will continue to stunt our economic health. The U.S. Federal Reserve warns that economic growth is not occurring at a rate that will improve the nation's labor market, meaning that the unemployment rate is likely to remain at or above 9 percent for most of the year.

(Excerpt) Read more at thestilettoblog.com ...


TOPICS: Government; History; Politics; Society
KEYWORDS: deficit; obama; sotu; spending

1 posted on 01/27/2011 9:38:07 AM PST by theothercheek
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To: theothercheek

I messed up the title of the post. It should be:
SOTU=Stuff Our Taxes Underwrite


2 posted on 01/27/2011 9:42:53 AM PST by theothercheek ("Unless we stand for something, we shall fall for anything." - U.S. Senate Chaplain Peter Marshall)
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To: theothercheek

The SOTU address only reenforces the fact that you cannot believe anything he says. Does he think he is telling the truth? Absolutely not! He is purposely lying and the bigger the better.

Some must be thinking they are living Through the Looking Glass.


3 posted on 01/27/2011 9:43:42 AM PST by Mind-numbed Robot (Not all that needs to be done needs to be done by the government.)
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To: Mind-numbed Robot
Some must be thinking they are living Through the Looking Glass.

No, we are watching live coverage of the cesspool in Washington DC with the most solids concentrated in the White House.

4 posted on 01/27/2011 11:05:27 AM PST by politicianslie (A taxpayer voting for Obama is like a chicken voting for Colonel Sanders)
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